Brief: Sinopec Engineering Group Expects FY Net Profit After Tax To Decrease By About 25 Pct To 35 Pct

SINOPEC Engineering Co

30/01/2018 08:31

Jan 30 (Reuters) - Sinopec Engineering Group Co Ltd 
 2386.HK : 
    * EXPECTED THAT FY NET PROFIT AFTER TAX OF GROUP WILL 
DECREASE BY 
APPROXIMATELY 25% TO 35% 
    * EXPECTED THAT NET PROFIT AFTER TAX OF GROUP FOR TWELVE 
MONTHS 
ENDED 31 DECEMBER 2017 WILL DECREASE BY 25% TO 35% 
    * EXPECTED RESULT DUE TO  DECREASE IN TOTAL NEW CONTRACT 
VALUE IN 
2016 & IN INVESTMENTS IN DOMESTIC AND OVERSEAS OIL REFINING 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS497d63 
Further company coverage:  2386.HK  
 
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